Imagine Paying Gas Fees with Any Token Across Cosmos Chains
What if you could use any token —like USDT, ATOM, or OSMO—to pay gas fees across Cosmos chains without needing to hold the specific native token for each chain? Sounds like a game-changer, right? This is exactly what the Gas Pool Mechanism aims to achieve. It’s designed to make Cosmos more user-friendly , efficient , and liquid by removing barriers for users and improving the overall experience of interacting with Cosmos-based blockchains. ``` Why Do We Need This? (The Problem) ``` Right now, Cosmos chains require users to hold native tokens just to pay gas fees. While this system works, it creates several challenges: • Barrier for new users : Newcomers need to acquire the native token of a chain before they can even make a transaction. This adds unnecessary friction for onboarding. • Expensive & complex bridging : Moving native tokens across chains can be costly, slow, and complicated, especially when dealing with multiple chains. • Fragmented liquidity : Gas fees are locked in different assets across chains, reducing overall efficiency and liquidity. • Bad UX for cross-chain DeFi : Users end up juggling multiple tokens just to cover gas fees, which creates a poor…
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Is this bringing more users?
OfCourse It will and it is specially designed to make the users to contact with other blockchain easily, so the traffic increases to each blockchain rapidly.
I could be wrong but I think this is kind of the opposite direction that Eureka is going?
Hey @reasonant, I appreciate your thoughts! Could you clarify what you mean by “the opposite direction” of Eureka? My proposal is designed to enhance cross-chain usability just by allowing users to pay gas fees with any token, removing the friction of needing native tokens on each chain.
Eureka will accure fees to atom:
- https://x.com/tk_cosmobera/status/1893331810777489871
- https://x.com/BPIV400/status/1893709113688764617
So point being it feels like there is a shift away from capital fractionalization to $ATOM centric business models. Might be more interesting to have atom as the universal gas token that optionally gets converted into from any other token. Then, the pay with any token model still works, but value accrues to atom.
mk_veerendra:Partner with platforms like Osmosis and Gravity DEX for seamless token conversions.
Easy way to tell this isn’t someone thst knows about cosmos.
Anyway, this already exists in Osmosis’ fee abstraction module.
Ohh … Tq For u r observation @Luis_Quezada